February, 2022 -

India’s NIUA and WEF to collaborate on sustainable cities development programme

February 25, 2022

World Economic Forum (WEF) and the National Institute of Urban Affairs (NIUA) have signed a Memorandum of Understanding (MoU) to collaborate on a jointly designed ‘Sustainable Cities India program’. The program aims to create an enabling environment for cities to generate decarbonization solutions across the energy, transport, and built environment sectors. Buy Prime Test Series …

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IBM unveiled new Cybersecurity Hub in Bengaluru to address cyberattack

February 25, 2022

International Business Machines Corp. (IBM) has launched a cybersecurity hub in Bengaluru to address the concerns of its clients across the Asia Pacific (APAC) region. The multi-million dollar IBM Security Command Center will be located at the IBM office in Bengaluru in Karnataka. It is the first of its kind facility in the region. The …

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India receives three more Rafale Fighter Jets from France

February 25, 2022

Three more Rafale fighter aircraft landed in India from France, with Indian specific enhancements. With this new arrival of the three jets, the total Rafale fleet with Indian Air Force (IAF) has reached 35. The 36th and final aircraft will arrive in India from France by March- April 2022, and will be a trainer aircraft. …

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Rakesh Sharma again appointed as MD & CEO of IDBI Bank

February 25, 2022

Industrial Development Bank of India (IDBI Bank) has informed the stock exchanges that its board has approved the reappointment of Rakesh Sharma as the managing director and chief executive officer of the bank for a period of three years, effective March 19, 2022. Sharma’s reappointment as the MD&CEO of the bank has received the banking regulator, …

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Moody’s revised India’s growth estimates to 9.5% in CY2022

February 25, 2022

Moody’s has revised India’s economic growth estimates in the Current Year 2022 upwards to 9.5 per cent from 7 per cent on stronger than expected recovery after a lockdown in 2020 and Covid-19’s Delta wave in 2021. It maintained a forecast for 5.5 per cent growth in CY2023. In its update on Global Macro Outlook …

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HUL named Nitin Paranjpe as non-executive Chairman

February 25, 2022

Hindustan Unilever Ltd (HUL) has announced the separation of the position of Chairman of the Board and the CEO & Managing Director of the company. Nitin Paranjpe has been appointed as the Non-Executive Chairman of the company with effect from March 31, 2022. He is currently serving as Chief Operating Officer of Unilever, the parent …

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US Boeing delivers 12th P-8I maritime patrol aircraft to India

February 25, 2022

The Indian Navy has received the 12th anti-submarine warfare aircraft P-8I from the US-based aerospace company Boeing. This is the fourth of four additional aircraft, for which the contract was signed in 2016. The Ministry of Defence had signed a contract for eight P-8I aircraft in 2009. However, later in 2016, it signed a contract …

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A book title ‘The Great Tech Game’ penned by Anirudh Suri

February 25, 2022

Indian author, Anirudh Suri has come out with his new book titled “The Great Tech Game: Shaping Geopolitics and the Destinies of Nations.’ It has been published by HarperCollins India. In this book, the author lays out a roadmap for how any country must develop its own strategic plan to succeed in this technology-dominant era. …

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Central Excise Day 2022: Things you need to know

February 24, 2022

Central Excise Day, which is observed on February 24 commemorates the Central Excise and Salt Act which was enacted on 24th February 1944. This annual event is celebrated to highlight the essential role played by the Central Excise Department in the industrial development of the country. Buy Prime Test Series for all Banking, SSC, Insurance …

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RBI announces dollar/rupee two-year sell buy swap auction

February 24, 2022

The Reserve Bank of India (RBI) has announced a US Dollar/Rupee two-year sell-buy swap auction with a view to elongating the maturity profile of its forward book and smoothening the receivables relating to forwarding assets. The Central bank will undertake a sell/buy swap auction of $5 billion, which will enable access to a wider set …

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Monthly Archives: February 2022

India’s NIUA and WEF to collaborate on sustainable cities development programme

IBM unveiled new Cybersecurity Hub in Bengaluru to address cyberattack

India receives three more Rafale Fighter Jets from France

Rakesh Sharma again appointed as MD & CEO of IDBI Bank

Moody’s revised India’s growth estimates to 9.5% in CY2022

HUL named Nitin Paranjpe as non-executive Chairman

US Boeing delivers 12th P-8I maritime patrol aircraft to India

A book title ‘The Great Tech Game’ penned by Anirudh Suri

Central Excise Day 2022: Things you need to know

RBI announces dollar/rupee two-year sell buy swap auction

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